THE ARTICLE
The orphaned contract
Most leaking spend isn't a negotiation problem. It's an ownership problem. Somewhere in your cost base is a contract that was signed by someone who's since left, for a need that's since changed, with a renewal clause that fires every year whether or not anyone's looking.
No one's job is to question it. It's too small to land on the CFO's desk and too settled for anyone below to challenge. So it renews — at last year's rate plus CPI, plus the scope that crept in along the way — and it does that for years.
You find these the same way every time: not by reading contracts, but by asking who owns this? Pull your recurring suppliers and try to put a name against each — a person accountable for whether you still need it and whether the price is right. The ones you can't name are the orphans. That's where the money is.
THIS WEEK
THE MYTH
"Your biggest savings are in your biggest contracts."
It feels logical — go where the dollars are. So finance teams pour their renegotiation energy into the top one or two suppliers, where procurement is already watching and the rates are already keen.
But the biggest leaks rarely sit in the contracts everyone's watching. They sit in the mid-sized, unglamorous, auto-renewing lines no one has owned in years — freight surcharges, the second telco account, the software nobody cancelled. Scrutiny protects the big contract. It's the quiet ones that quietly bleed.
When you want a second set of eyes on your spend, I review it for free — you only pay from what I save. Reply, or grab a coffee with me.
